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CNN
Oct 14, 2012 12:00pm PDT
since reagan. finally, let's look at the deficit. romney is planning to cut more funding than big bird and pbs. his plan is to reduce foreign aid, and one of the biggest cuts, prioritizing amtrak. you may not think that's a big deal, i use amtrak all the time. romney says privatizing it will save $1.2 billion. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society, and he wants to that by the end of his first term. right now government spending is at 25% of gdp. let's shed more light on what romney's america would look like. kevin hassick is an economic adviser of mitt romney. he's also the study at american enterprises institute. my good friend christine romans is the host of "your bottom line" right here on cnn. no idealogical spin today, no using the word obama or the term democrat. just paint me a picture of what it is world looks like under romney four years from now using specifics. you can't say we'll be better, everyone will be richer. tell me everything that happens rphappens, the good and the
CNN
Oct 6, 2012 6:30am PDT
sort of led us to this debt problem, led us to this deficit problem. they want homeownership for everybody. we want tax cuts. we want medicare part "d." we want an expansion of safety net programs and then this is what happens. there's no one in the middle to figure out how to pay for all this stuff the middle has been getting. >> and that's really honestly what this election is about. i think one of the things that i found fascinating, although i didn't think they quite got there, is when the two candidates were asked about the role of government, because that's what elections are always about, it seems to me. i mean, yes, you know, it's about turning out your base and about this or that, but it is mostly about what do you think the role of government is? should the government, for instance, be helping people buy homes through the deduction that we can take on interest rates on the home loan? that's a legitimate argument. is that really the role of government? and if so, somebody has to pay for it, but i don't think we have yet gotten down to the basics of that. what do you want
CNN
Oct 13, 2012 10:00am PDT
done it really since reagan. finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first term. right now government spending is at 25% of gdp. let's shed some more light on what romney's america would look like. kevin hassette is an economic adviser for mitt romney. stevon moore is an editorial writer for "the wall street journal." my good friend christine romans is the host of "your botto line" right here on cnn. folks, no party or ideological spin today, no using the name obama or the term democrat. pain the me a picture of what the world looks like under romney four years from now using specifics. you can
CNN
Oct 12, 2012 8:00pm PDT
back? unfortunately for the fiscal year, the u.s. deficit totals 1$1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, viant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> nevereen done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of what we have now. kenne
CNN
Oct 14, 2012 4:00am PDT
, this guy. >> he said by the end of his first term he would cut the deficit in half. >> congressman ryan prepared by holding debates and biden prepared by watching red bull and yosemite cartoons. >> you think you're turfer than me because yu do the px-90 workouts? there's jim strong and old man strong. you want to know my workout. >> when the amtrak breaks down at my morning commute, strip down to my tighty whiteys and i push that [ bleep ] all the way to washington. >>> during thursday's debate vice president biden repeatedly cut down ryaryan's stuff. >> the ryan team has been accused of not giving specifics. >> our economic plan is simple. we're going to close loopholes, bring down tax rates the and bring down the deficit. >> can you please be more explicit? >> no. >> he said answer this question and answered it this way. women have to do that. you don't say to your husband, maybe we should go out new england weekend. no, you say, hey, we're going to dinner friday night with my sister and her husband, be ready by 7:00 and shave the back
CNN
Oct 12, 2012 9:00am PDT
deficit to pay for it. if we can't trust him here... how could we ever trust him here? silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >> i want to bring the conversation to the state of our economy, the number one issue here at home is jobs. the percentage of unemployed just fell 8% for the first time in 43 months. the obama administration had projected that it would fall below 6% now after the addition of close to a trillion dollars in stimulus money. will both of you level with the american people, can you get unemployment to under 6% and how >> i don't know how long it will take. we can and will get it under 6%. let's look at where we were when we came into office. the economy was in freefall. 9 million people lost their jobs. 1.6 trillion dollars of wealth lost in equ
CNN
Oct 13, 2012 3:00am PDT
deficits and says that he would do so in large part by curbing tax breaks on the rich. he also has promised not to raise taxes on the middle class. now, this triggered a pretty hot exchange between joe biden and paul ryan over whether it's mathematically possible. let's bring in christine romans to separate fact from fiction. good morning. >> good morning, randi. paul ryan claimed you could cut income taxes by 20% across the board and all while keeping this deficit neutral. listen to that fiery exchange. >> you can cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mathematically possible. >> it is matmatically possible. >> the nonpolicy tax center says it's not mathematically possible with the amount of information we have about romney's tax plan. not possible to cut rates as much as he would like without deductions that would hurt the middle class. investment taxes and dividend taxes, which the romney campaign has said it wouldn't do. so, for those reasons, our verdict here is that it's false. you can't cut taxes and keep middle
CNN
Oct 7, 2012 10:00am PDT
unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years romney has been campaigning on a tax cut that would cost around $5 trillion over ten years. romney said he would eliminate deductions and cut spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% of federal spending in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stump speech. in a very smart analysis, npr pointed out romney has a five point stump speech. the first four points are actually identical to obama's stump speech. two, domestic energy, three, retraining programs, four, domestic. -- deficit reduction. on five they differ. i've long argued that romney is an intel
CNN
Oct 12, 2012 8:00am PDT
? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vouch
CNN
Oct 6, 2012 3:00am PDT
have only added to the deficit. >> a couple nights ago we had a debate. you may have had the chance to see that. >> reporter: before the jobs number, romney was riding a wave of momentum after this week's debate, he even got a pass from the president who never mentioned romney's comments on the 47% of americans who don't pay income taxes. >> 47% of the people will vote for the president no matter what. >> reporter: romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. >> reporter: democrats maintain that tone deafness extends from main street to sesame street. so, obama aides sent a protester in a big bird outfit to mock his call to end funding for pbs. romney will spend part of the weekend in debate prep and the other part in hitting the president on the economy as a senior romney adviser put it, job growth should not be the new normal. >>> now to that shooting that killed a u.s. border patrol agent. t
CNN
Oct 9, 2012 6:00pm PDT
just add it to the deficit or you can close deductions and loopholes for middle class families. that's the mortgage deduction, the child deduction, charitable deduction, and that's been estimated to be about $2,000 for middle class families. that's the math. so he's taking my words out of context. it is a $5 trillion tax cut that he cannot pay for. >> let's just clarify two things there. one is did you say that it was wrong. is he right when he says that? >> no. what i said, piers, was the total of his tax cuts co $5 trillion. now, if he's going to close loopholes and deductions, you know, that cost will be lowered. but it's not going to be lowered enough for this thing to be totally paid for. the only way to do that -- >> i understand that. >> -- is to close deductions for middle class families. >> this is quite important. it's quite important because -- >> he's wrong. >> okay. let's discuss how he's wrong. because what he says is when the president keeps saying as he did in that debate it's a $5 trillion tax cut, you are already conceding that it's quite likely that he is goi
CNN
Oct 7, 2012 12:00pm PDT
and deficit control, change the can. come up with a condition for not making a deal that is actually palatable and not horrible for the economy like the current situation that we have. tell me how that would even happen? are there enough people like you and those who you are trying to work with who are actually still in office in washington to hammer out a more perfect compromise? >> i think those kind of people are in the house and the senate. i think they are talking with each other, but the problem is, ali, they're not getting support from their own leaders in the congress, republicans or democrats. they're not getting support from the white house. they're not getting support from the party base who insists on 100% solution in their favor, and the american people, the common-sense americans that i think are in the great majority have to rise up because that's the missing part of the airplane is the middle. the wings are flapping and making their voices heard but the middle is not, and that's got to happen because we have to get behind people like chambliss from my state a
CNN
Oct 6, 2012 2:00pm PDT
with big bird is driving the deficits. >> reporter: the campaign rallies and the presidential debates are very different events, but the contrast in body language and the sales pitch is hard to overlook. zingers are back. >> my opponent is trying to do a two-step and re-position. and got an extreme makeover, governor romney was fact-checked by his own campaign. >> reporter: and so was talk about governor romney's mention of the 47% fundraiser, which never came up in the debate. >> we have all said that real change takes time. it certainly can't happen if you're willing to write off half the nation before you take office. >> reporter: many argue that while the president lost on performance at the debate, he won on substance. but his gop opponent, campaigning in virginia, begs to differ. >> i get the chance to ask the president some questions, i think people across the country wanted to ask him these questions. i got a chance to ask why the middle class is so buried in this country, incomes have gone down. price of gasoline has doubled. >> reporter: either way, the president seems to co
CNN
Oct 11, 2012 11:00pm PDT
could have 20% income tax rate cuts across the board, remain deficit neutral without eliminating deductions that benefit the middle class. listen. >> you can cut tax rates by 20%. >> not mathematically possible. >> it is mathematically possible. >> the facts, nonpartisan tax policy center says given what we know about romney's plan, it's not possible to cut rates as much as he would like without eliminating deductions that would affect the middle class. you can't dot without changing rules on taxes, which the romney campaign said it will not do. our verdict here is false according to the tax policy center, this cannot be done. another subject, the auto bailout. the vice president made the claim that mitt romney said let detroit go bankrupt. >> we immediately went out and rescued general motors, went ahead and made sure we cut taxes for the middle class. in addition to that, when that occurred, what did romney do? romney said, no, let detroit go bankrupt. >> romney penned an op-ed that the editors titled, "let detroit go bankrupt." romney never used those words. he called for a ma
CNN
Oct 6, 2012 4:30am PDT
problem with deficits, which you've rung up four consecutive trillion dollar deficits. they both have a ltle problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in florida romney says he supports vouchers for medicare, a plan that is not very popular. how does play in florida with all those seniors? >> right now in florida, you've got about 12 million registered voters. 36% who are republica
CNN
Oct 9, 2012 4:00pm PDT
choices, to reduce the deficit. and we need revenue in order to get that done. and we're going to have to ask millionaires and billionaires to do their fair share in order to get that done. but he refuses to saddle seniors and the middle class with that entire burden. >> but you're defining middle class in this press release -- as people earning between 100 and $200,000 a year. >> well, that's not where we established the baseline. the president has said that if you make $250,000 or less, that your taxes shouldn't go up. that's where we've set the bar. >> all right. well, we will leave it there. thank you very much, ben le bolt, appreciate your taking the time. i would like to get that little sharpie version. of your press release. >>> all right. well, you may think we're obsessing over a number, this $5 trillion versus $1 trillion. but the reason we're doing it, we don't think it's just a number. it goes to the heart of whether president obama stays in the white house. and that is because of what ben le bolt was saying. that number is about whether you're for the middle class or not.
CNN
Oct 8, 2012 8:00pm PDT
great and the numbers look great, they still have some problems. they've got some deficits they need to overcome. i want to go over a couple other numbers. it's all about the honesty and the truthfulness and then the consistency. let's start with the honest and truthful aspect. there you have obama leading romney 44-39 when it comes to just how honest and truthful you think these candidates are. then when it comes to consistency, which the obama campaign has been hammering away on what they perceive as flip-flops, 47-37. that is what some people, hogan, my dear friend, former intern, which i always like to disclose, is a trust deficit. is it? >> well, so much of american politics is based on do i know you, do i trust you and do i like you? those are some damaging numbers for governor romney for sure. but look, the fact of the matter is he crushed president obama in that debate and these numbers are reflecting what a lot of people saw, and that was a stereotype that had been lined out about governor romney that he was some cold heartless businessman. he turned that on its ear. convers
CNN
Oct 10, 2012 6:00am PDT
is jobs, the economy, rising deficits. >> i understand. hang on. hang on. hang on. ron, we're not going to do talking points here. i'm asking you a very simple question. >> i'm not doing talking points. >> i didn't ask you about the economy. we can get to that. what did he mean in his statement that seems to be contradictory statements? >> i just told you what he meant. he said that his agenda is not going to be focused on abortion. it's going to be -- he did not say it was going to be focused on other issues, but obviously it's going to be. that's why he talked about the economy, what voters care about in these 27 days. >> romney was criticized for changing views on key issues and former president clinton had something to say about it. take a listen. >> i had a different reaction to that first debate than a lot of people did. i thought, wow! here is old moderate mitt. where have you been, boy? i missed you all these last few years. just show up with a sunny face and say, i didn't say all that stuff i said the last two years. i don't have that tax plan i had for the last two years
CNN
Oct 13, 2012 3:00pm PDT
neutral you wouldn't add to the deficit. let's go through how you would do that. specifically home mortgage deductions, charitable mortgage contributions. are you ready to remove those? what's going on? >> well, i've made pretty clear that my prirnls are number one simplify the code. number two, create incentives for small and large businesses to grow. number three, don't reduce the burden on high income taxpayers. and number four, remove the burden somewhat for middle income people. i don't want to raise taxes on any group of americans. those are the principles. at the same time how we carry them out would be lowering the tax rate across the board and making up for that, both with additional growth and with putting a limit on deductions and exemptions, particularly for people at the high end. those are principles which form the bases of what i would do with our tax proposal. what i want to do is to make it simpler, fairer. i want to encourage the economy to grow again. it's pretty clear that the economy is not growing at the rate it should under the president. and i can tell you w
CNN
Oct 12, 2012 1:00pm PDT
deficit to pay for it. if we can't trust him here how could we ever trust him here? . >>> as we await mitt romney and paul ryan, let's get to our strategy session. joining us now two cnn contributors the democratic strategist maria cardona and former bush speech writer david frum. thanks very much for coming in. we had a focus group, undecided voters watching in virginia at the debate last night. and the low point for paul ryan happened when he was talking about abortion. let me play unelected make this decision elected representatives and reaching a consensus in society through the democratic process should make this determination. >> that was the low point for him. and among those focus groups in the dial test today @barack obama the twitter site tweeted low point happened near the end of the debate when he was asked about abortion. i was referring to that focus group. how much of a problem is the difference between the democratic ticket and the republican ticket with female voters out there when it comes to the issue of abortion? >> well you know, women are more pro-life than men.
CNN
Oct 10, 2012 6:00pm PDT
. you want to talk about trust. he said he was going to cut the deficit in half. that is trust. if a politician changes his position on issues do you see it as a cynical exercise? >> no. listen, i hear what you are saying. i think it is possible to learn things about legislation and determine things as you go through lift and you can change your mind. yes, i think that is possible. but what i don't think is possible is for a president to made grandious promises knowing the condition of where we were headed saying that he would fix this economy not even coming close to his promises, that is different. i would say this is a record of makes and breaking promises. and that is why you can't stand in front of a debate moderator for 90 minutes and make the case for the people. he didn't have a bat night, he is not capable of bringing a game. >> thank you for joining me. here now with the other side is debby. doesn't he have no game? >> well, you know, it is not surprising that my counter part is being critical of president obama when he's got his own candidate as you said this isn't etch as
CNN
Oct 5, 2012 11:00pm PDT
. lost its top credit rating. what are we doing to get it back? the federal deficit has hit $1.1 trillion now for fiscal 2012. this is the fourth year in a row. that won't help us, that's for sure. our fourth story, developing story, two suspects from tunisia are being weed if turkey tonight in connection with the murders of chris stevens and three other americans. jill daugherty has been digging into the story and is with us tonight. >> well, on this particular incident, we don't know a whole lot of detail, but we know those two men, they are being questioned in turkey. and the understanding is that they were somehow allegedly tied to the attack in libya. which killed the ambassador. now, they were on the watch list that the u.s. compiled. that was given to the turks and the turks picked them up, apparently came into the country this week and the fbi is hoping they will have some type of access to them. >> questioned them already, but would like to have a chance to. >> right. >> there was also other development today in this investigation. this e-mail between the state department and the
CNN
Oct 6, 2012 3:00pm PDT
today has a $2.7 trillion surplus. social security hasn't contributed one nickel to the deficit, can pay out benefits for the next 20 years. the president should be saying now what he said four years ago. he is not going to cut social security while romney and ryan certainly are. >> would you blame the president himself or his aides and advisers who were supposedly preparing him for this first debate? >> wolf, all of us in public life like to blame our staff when things go bad, but you know what, at the end of the day, it's the president, it's a united states senator, it's a congress person. we've got to take responsibility. the president should have got in there swinging, differentiating what a progressive policy position is as opposed to an extreme right wing one. put romney on the defensive. how dire you give tax breaks to the richest people in this country while we have the most unfair distribution of wealth and income. how dare you throw children off of medicaid when we've got 50 million people without any health insurance today. put him on the defensive instead of saying oh, i
CNN
Oct 7, 2012 12:00am PDT
jobs that we had created, the budget deficit went up again through the roof, all of those things. but that's why i created also the schwarzenegger institute at usc, so that i can continue on those policies and solve problems in the future, even though i'm out of office. so continuing to be a public servant. >> people have been hard on mitt romney, being rich and successful. what do you think of that? are you surprised that america, the country that gave you the opportunity to become what you are, they would now turn on somebody who has accomplished what they used to call the american dream. >> as you know, john f. kennedy came from a very rich family, but the democrats don't want to talk about that. >> to be honest, i can't take the other side for real. they don't believe that that is a bad thing that he was successful. nor does i think the romney side think sometimes what they accuse obama of. you cannot take this seriously. this is a political year, there's a campaign going on. they will try to do anything they can and especially the other groups out there who paint each other in th
CNN
Oct 7, 2012 1:00am PDT
honest. you might callt deficit and health care law but you get it when it's a joke and something's funny. if there's a seed of truth and real information, you'll remember that. >> truth, realness. the way people actually talk to each other instead of talking points. so dean, we're talking about our conversation at the top of the show, the wisconsin news anchor and the guy who wrote in, talking about weight. people saying i disagree with your guest, overeating is an addiction, that's why most people in this country are overweight. and we're only coddling people by telling them that it's a thyroid problem, it's this or that. you have to eat properly, it's about making healthy choices. >> i think it's certainly about making healthy choices. i have an addiction to food, i eat every day. it's a question of how much i eat. my mom had great issues with weight. went to weight watchers and many organizes growing up. i was firsthand seeing the struggle. i was a chubby kid and she forced me to eat better. it wasn't until my father passed away from diabetes and health complications that she lost the
CNN
Oct 8, 2012 4:00am PDT
middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] gly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> welcome back to "starting point." clint eastwood's address raised eyebrows because of this scene when he was talking to an empty chair. the empty chair represented president obama. this week's cover of "the new yorker" picks up on the performance against mitt romney. why don't you since you work for "the new yorker" ryan, put that cover up again. >> this is barry blitz, one of -- i think one of the most -- a lot
CNN
Oct 8, 2012 2:00am PDT
? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabetes and is not recommended to treat
CNN
Oct 9, 2012 2:00am PDT
bird. mitt romney said cutting funding to pbs would be one element of his plan to shrink the deficit. look at this ad that the obama campaign came out with today. john? >> bernie madoff, ken lay, kozlowski, criminals, glutens of greed and the evil genius who towered over them? one man has the guts to speak his name. >> big bird. >> big bird. >> big bird. >> it's me, big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stop the subsidy to pbs. >> mitt romney taking on the enemy no matter where they nest. >> this is risky for the obama campaign. they're campaign has been criticized about being about small things. we'll see if this could be a backfire. the campaign tells me this ad is running only on national broadcast and cable. it's not running in swing states. i'm interested to see how much money is behind this ad or if this is just an attempt to get the chattering classes like us -- >> on the one hand it is small, every time i see it, i laugh. it is genuinely humorous and funny. all swi
CNN
Oct 9, 2012 8:00am PDT
middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> he is part evel knievel, part john glen, and a wee bit of christopher columbus, exploring territory and pushing physical limits to a place no man has ever gone before. his name is felix baumgartner. there he is, and if you don't know him, you should. here he is practicing for a jump, a jump from the edge of the stratosphere. he's going to attempt today to become the first person to break the sound barrier with his body and to jump from no place that anyone has ever jumped before. our meteorologist chad myers is so excited and cnn's brian todd also excited. both on this story for us. i want to start with you, brian todd, in roswell, new mexico. we've had a delay this morning because of some weather concerns, but i'm hearing that the balloon is now officially being unloaded, unfolded. i think that might be telling. while you can maybe update me on the process, could you also tell me apart from the thrill of all of this, is there a big legitimate reason that we can al
CNN
Oct 5, 2012 9:00pm PDT
according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. an intriguing week politically, especially given 32 days before the election. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> why did he blow it? he's such a skillfu
CNN
Oct 10, 2012 1:00am PDT
deficit he had to make up. he was in some cases double digits behind the president in all those attributes. >> pull back the reins. the media is focusing on one poll. >> that's reaction to the recent batch of polling, including that devastating pew poll that showed the republicans going ballistic showing romney eight points down. watch. >> these polls are just part and partial for the cam rain for barack obama to help him stay in this game as long as possible. >> if you believe what the polls are saying right now, you've got to believe there's something huge going on. >> i've said that all along and i'm willing to say that publicly and stick by it. and i know that poll of 15 points is absolutely invalid. >> people need to understand that the polling this year is the worst it's ever been. >> that is not a legitimate poll in 2012. >> i think ari said both polls were skewed when we had him on the program the last couple of days. you heard bay buchanan allude to it in the beginning of the clip. some pundits on the right have been complaining that the major polling operation systemat
CNN
Oct 7, 2012 6:00am PDT
tell the truth. it was not an $8 billion deficit. >> ted, everybody is lying according to you. $250 million. >> only the republicans. >> auto industry is exceedingly important in the state, but if you look at where ohio has grown in job creation since kasik became governor, it has been in manufacturing. we have had significant growth in jobs. say, 123,000 new jobs. those have not been in the job -- in the auto industry. auto industry has not gone up. if you look at what kasik has done, he has made a real difference. he has the same philosophy and will do the same thing that mitt romney will do as president. lower taxes, less regulation, balance the budget. these are things that make a difference. the other thing that romney will do that the president is not doing and simply, frankly, is incapable of doing. i served with him for two years in the u.s. sete. nice guy. talented. horribly partisan. what mitt romney will do as president is the same thing that ronald reagan did and, frankly, bill clinton did. hold your principles. be tough. in the end you know you have to negotiate, and th
CNN
Oct 13, 2012 6:30am PDT
-term debt and deficit and implement a plan thou to pay back what we owe instead of dumping on future generations. so who has the best plan to fix america over the next four years and beyond? that is is the question to ask for the glory of rome. dramatic, i know, but happy saturday. are we closer to fixing this economy before it is too late? some recent signs of recovery say yes. unemployment down the 7.8%, and that the lowest rate since president obama took office. claims for first time unemployment benefits fell to levels not seen since 2008, and some technical details going on there, but the trend is clear. and real estate collapse got us into the mess, but now the housing prices are timely starting to rise. i will say it again, housing prices are starting to rise and foreclosures fell to five-year lows last month. so how do we make sure that the economy really heals? two different philosophies and one being very big election coming up to fix it. president obama says thathe businesses need the tax incentives to create more jobs, and he says that the government needs to step
CNN
Oct 12, 2012 4:00am PDT
for one thing. the vice president has never claimed that you can reduce our deficit through tax increases alone. he's never said that. the president and vice president have said we need to take the ballad propose, using the kind of frachlwork that bipartisan groups have suggested. whereas republicans have been very clear not one more penny, even from people like mitt romney to reduce the deficit. so our point isn't that you can increase taxes on wealthier people, and do the whole thing on the deficit. our point of review is that they should be asked to contribute a little more. go back to paying what they were in the clinton administration, when the economy was roaring. that's what we're saying. we support a combination of additional targeted cuts. but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class an
CNN
Oct 11, 2012 6:00am PDT
on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> today is national coming out day, and we want to talk to a man who came out but only as an experiment. because he's actually straight. his name is tim cureic. wrote about his experience in a book called "the cross in the closet" joining me from seattle. thank you so much for joining us. may i call you tim? >> yeah. that's great, don. >> so you are a christian conservative. what motivated you to explore life as a gay man? why did you do this? >> i had a friend come out of the closet and she was pretty brutally disowned by her family. and my reaction wasn't much more loving than theirs. so at
CNN
Oct 11, 2012 4:00pm PDT
accepting them. guantanamo. no. increased spending to increase the the deficit. >> while you watch the debate tonight, get instant reaction debates live blog. just rolls off the tongue, doesn't it? we'll be right back. >>> in 1994 when george bush sr. was in a debateferaro, he appeared to be patronizing toward her. >> let me help you with the difference between iran and the embassy in lebanon. >> and she answered right on the button. >> let me just say first of all that i almost recent your patronizing attitude that you have to teach me about foreign policy. >> that moment, i think, solid fie e fieded the idea that a woman had the right to be there as a vice presidential candidate. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecti
CNN
Oct 9, 2012 1:00pm PDT
will do little to cut the deficit. >> somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. >> reporter: but elmo is not tickled. sesame street's producers released a statement saying it's not taking sides adding we have approved no campaign ads and as is our general practice, have requested that the ad be taken down. republicans are now calling it the big bird backfire. >> i just find it troubling that the president's message -- the president's focus 28 days from election day is big bird. >> reporter: romney's advisors say it's a surprising tactic given what then-senator obama said in his convention speech in 2008. >> if you don't have a record to run on, then you paint your opponent as someone people should run from. you make a big election about small things. >> reporter: the romney campaign also believes the candidate is connecting better with voters. here getting choked up talking about navy seal glenn dougherty who died in a consulate attack in libya, a man romney said he once met. >> you can imagine how i felt when i found out that he was
CNN
Oct 12, 2012 12:00am PDT
would still have a $300 billion deficit. you see, there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out, middle class, the tax bill is coming to you. that's why we're saying we need tax reform. let's look at it this way. 8 out of 10 businesses, they file their taxes as individuals, not corporations. where i come from overseas, which is lake superior, the canadians, they drop their tax rates to 15%. the average tax rate on businesses in the industrialized world is 25% and the president wants the effective top tax rate to go above 40%. 2/3 of our jobs come from small businesses. this one tax would actually fax about 53% of small business income. it's expected to cost us 710,000 jobs. and it doesn't even pay for 10% of the proposed deficit spending increases. we're saying close loopholes primarily to the higher income people. we have three bottom lines. don't raise the deficit. don't raise taxes on the middle class.
CNN
Oct 11, 2012 9:00pm PDT
get the skills to get the job they want. get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reed, were paralyzed. the romneys didn't know them. they went the same church, they never met before. mitt asked if he would come over for christmas. he brought his wife and boys and gifts and later said, i know you're struggling, mark. don't worry about their college, i'll pay for it. when mark told me this story, he -- because you know what, mitt romney doesn't tell these stories. he said it wasn't the cash help. it's that he gafe his time and he has consist enltly. this is a man who gave 30% of his income t
CNN
Oct 11, 2012 11:00am PDT
with paul ryan on debt and deficit matters. have you ever found yourself debating him, you know, taking opposite sides on something, let's say, and if so, was he a tough debater? >> oh, wow. you have me scratching my head on that one. it's -- it would be a pretty odd day paul ryan and i would disagree on anything. he knows the budget better than just about everybody. he has a plan with governor romney for economic growth and although vice president biden is a veteran of 18 different presidential and vice presidential debates, he may score well on style but he's got the obama record to defend and not an easy evening for him on substance. and i think people are very impressed with paul ryan. i mean, here's a guy from the heartland of america. he knows the values and challenges of middle income families. and he's got a plan along with governor romney to put america back to work and quit spending money we don't have the children have better opportunities than we have had and -- >> let me jump in. >> i'm looking forward to tonight. >> on that plan, the question then is, does paul rya
CNN
Oct 12, 2012 4:00pm PDT
, we were running budget surpluses. even in the early '80s, the budget deficit was a lot smaller. that's the key reason i'd be concerned. i think tax reform is a good idea. doug is right. we need to have tax reform, but we need tax reform that raises enough revenue to lower tax rates and also goes to reducing future budget deficit because if we don't get the deficits down, lower tax rates aren't going help us. >> and doug, do you think it's fair to say, romney ryan have been saying they think a 3% growth is reasonable. do you think it is? because for in of this math to work out and this whole argument everybody's having about whether they can cut taxes and close enough loopholes, they are counting on economic growth on being part of making up that difference. will it? >> you can't say for sure because good tax policy does t matter. t not the only thing going on out there and you would have to have a displn palestinianed, economic policy. we have a serious threat to the economy from existed and projected debt. it is different from the era of reagan in that debt is not being driven
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